VirginiaVirginia Recreational Facilities Authority; authority to dissolve, disposition of property.
What it does
Virginia Recreational Facilities Authority; authority to dissolve. Provides that the board of directors of the Virginia Recreational Facilities Authority may by resolution divest itself of property owned by the Authority and may transfer all such property to a locality. The bill provides that whenever the board of the Authority determines by resolution that the purposes for which the Authority was formed have been substantially complied with and all property of the Authority has been transferred and all bonds therefor issued and all obligations incurred by the Authority have been fully paid or adequate provisions have been made for the payment, the board may dissolve itself upon a majority vote of the board.
More detail
The bill also provides that if the Authority ceases to operate or is dissolved, the title to its real property will transfer to the locality in which the majority of such property is located. Under current law, the property would transfer to the Commonwealth. This bill is identical to HB 2321.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Acts of Assembly Chapter text (CHAP0176)Latest
- Mar 19Approved by Governor Glenn Youngkin-Chapter 176 (Effective 07/01/25)Became Law
- Mar 5Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 5Enrolled Bill Communicated to Governor on March 5, 2025Minor
- Feb 24Signed by PresidentMajor
- Feb 21Signed by SpeakerMajor
- Feb 21Fiscal Impact Statement from Department of Planning and Budget (SB796)
- Feb 21Bill text as passed Senate and House (SB796ER)Major
- Feb 21EnrolledMinor
- Feb 18House Amendments agreed to by Senate (40-Y 0-N)Major
- Vote recorded House Amendments agreed to by Senate (40-Y 0-N). Result: pass.Upper
- Feb 17Passed House with amendments (96-Y 0-N)Major
- Vote recorded Passed House (95-Y 0-N). Result: pass.Lower
- Vote recorded Passed House (96-Y 0-N). Result: pass.Lower
- Feb 17Reconsideration of House passage agreed to by House
- Feb 17Passed House with amendments (95-Y 0-N)Passed House
- Feb 17Engrossed by House as amended
- Feb 17Agriculture, Chesapeake and Natural Resources Amendments agreed toMajor
- Feb 17Read third timeMinor
- Feb 14Read second timeMinor
- Feb 12Reported from Agriculture, Chesapeake and Natural Resources with amendment(s) (22-Y 0-N)Minor
- Vote recorded Reported from Agriculture, Chesapeake and Natural Resources with amendment(s) (22-Y 0-N). Result: pass.Lower
- Feb 5Referred to Committee on Agriculture, Chesapeake and Natural ResourcesMinor
- Feb 5Read first timeMinor
- Feb 5Placed on Calendar
- Jan 24Read third time and passed Senate (38-Y 0-N)Passed Senate
- Vote recorded Read third time and passed Senate (38-Y 0-N). Result: pass.Upper
- Jan 23Engrossed by Senate
- Jan 23Read second timeMinor
- Jan 22Passed by for the day
- Vote recorded Constitutional reading dispensed (on 1st reading) (40-Y 0-N). Result: pass.Upper
- Jan 22Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
- Jan 22Rules suspended
- Jan 21Reported from Finance and Appropriations (15-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations (15-Y 0-N). Result: pass.Upper
- Jan 14Reported from Agriculture, Conservation and Natural Resources and rereferred to Finance and Appropriations (13-Y 0-N)Minor
- Vote recorded Reported from Agriculture, Conservation and Natural Resources and rereferred to Finance and Appropriations (13-Y 0-N). Result: pass.Upper
- Jan 13Fiscal Impact Statement from Department of Planning and Budget (SB796)
- 2024
- Dec 28Referred to Committee on Agriculture, Conservation and Natural ResourcesMinor
- Dec 28Prefiled and ordered printed; Offered 01-08-2025 25101941DIntroduced